Tax Street - May 2021

Introduction

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of May 2021.

• The 'Focus Point' explores the implications of the retrospective amendment to the scope of 'Supply' in the Finance Act, 2021.
• Under the 'From the Judiciary' section, we provide in brief, the key rulings on important cases, and our take on the same.
• Our 'Tax Talk' provides key updates on the important tax-related news from India and across the globe.
• In the 'M&A Tax and Regulatory' section we highlight the critical rulings and significant updates in the M&A tax and regulatory arena.